Health Catalyst, Inc. (HCAT)Healthcare | Health Information Services | South Jordan, United States | NasdaqGS
1.80 USD
+0.06
(3.448%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:07 a.m. EDT
The long-term investment thesis here is effectively dead. The business has suffered a catastrophic collapse, with the share price losing over 90% of its value since 2019. The most damning evidence is the multi-year trajectory: after a brief recovery in 2023, the company has entered a brutal decline, dropping nearly two-thirds in 2025 and continuing to fall in 2026. Fundamentals confirm this destruction; the company is burning cash, generating negative free cash flow, and posting massive losses on equity and assets. Despite a recent sales beat, the underlying economics are broken, and the market has correctly priced this as a failing enterprise. In the short term, there is no catalyst to reverse this trend. The stock is trading at pennies with no analyst support and a 'Hold' recommendation that masks the reality of the situation. The options market offers a stark confirmation of this despair: speculators are not buying calls for a rebound; instead, they are writing deep out-of-the-money puts to collect premiums, betting the price will stay flat or drop further. With no dividend to provide income and a balance sheet that is hemorrhaging cash, this is a speculative trap rather than an opportunity. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.037666 |
| AutoETS | 0.046421 |
| AutoARIMA | 0.046422 |
| AutoTheta | 0.090478 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.13 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.990 |
| Excess Kurtosis | 0.00 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 168.583 |
| Revenue per Share | 4.06 |
| Market Cap | 135,461,488 |
| Forward P/E | 240.00 |
| Beta | 1.54 |
| Profit Margins | -90.61% |
| Website | https://www.healthcatalyst.com |
As of Oct. 10, 2026, 5:07 a.m. EDT: Options activity reveals a distinct lack of bullish positioning. Call volume and open interest are negligible across all expirations, with zero activity in the nearest term. Conversely, put writing is significant, particularly for December expiration where massive open interest sits at the $2.50 strike, suggesting a 'pin risk' strategy or a strong bearish bias. The implied volatility is extremely low, indicating the market expects minimal movement and views the stock as a non-event.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.40983605 |
| Address1 | 10,897 South River Front Parkway |
| Address2 | Suite 300 |
| All Time High | 59.5 |
| All Time Low | 0.955 |
| Ask | 1.78 |
| Ask Size | 1 |
| Audit Risk | 1 |
| Average Daily Volume10 Day | 490,210 |
| Average Daily Volume3 Month | 628,043 |
| Average Volume | 628,043 |
| Average Volume10Days | 490,210 |
| Beta | 1.538 |
| Bid | 1.26 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | 1.352 |
| City | South Jordan |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.8 |
| Current Ratio | 2.702 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 1.81 |
| Day Low | 1.74 |
| Debt To Equity | 168.583 |
| Display Name | Health Catalyst |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,050,000 |
| Earnings Call Timestamp Start | 1,786,050,000 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,794,254,400 |
| Earnings Timestamp Start | 1,794,254,400 |
| Ebitda | 11,771,000 |
| Ebitda Margins | 0.04028 |
| Enterprise To Ebitda | 17.161 |
| Enterprise To Revenue | 0.691 |
| Enterprise Value | 201,999,488 |
| Eps Current Year | -0.035 |
| Eps Forward | 0.0075 |
| Eps Trailing Twelve Months | -3.69 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.7342 |
| Fifty Day Average Change | 0.06579995 |
| Fifty Day Average Change Percent | 0.03794254 |
| Fifty Two Week Change Percent | -40.983604 |
| Fifty Two Week High | 3.615 |
| Fifty Two Week High Change | -1.815 |
| Fifty Two Week High Change Percent | -0.5020747 |
| Fifty Two Week Low | 0.955 |
| Fifty Two Week Low Change | 0.84499997 |
| Fifty Two Week Low Change Percent | 0.88481677 |
| Fifty Two Week Range | 0.955 - 3.615 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,564,061,400,000 |
| Float Shares | 59,269,668 |
| Forward Eps | 0.0075 |
| Forward P E | 240.0 |
| Free Cashflow | -48,645,624 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,200 |
| Fullday Change | 0.059999943 |
| Fullday Change Percent | 3.4482725 |
| Fullday Price | 1.8 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.51163 |
| Gross Profits | 149,522,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.09557 |
| Held Percent Institutions | 0.71347 |
| Implied Shares Outstanding | 75,256,381 |
| Industry | Health Information Services |
| Industry Disp | Health Information Services |
| Industry Key | health-information-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations in the United States. The company operates in two segments: Technology and Professional Services. It offers ignite data and analytics platform that provides clients a single comprehensive environment to integrate and organize data from their disparate software systems; and applications, a software analytics applications build for ignite platform to analyze clients face across clinical improvement, revenue and cost improvement, ambulatory operations, measures and registries, and data and analytics. The company also provides expertise solutions comprising data and analytics, domain expertise and education, tech-enabled managed, and implementation services; and opportunity analysis and prioritization, data governance, data modeling and analysis, quality and process improvement strategy, cost accounting, data abstraction, and population health strategies. It serves academic medical centers, integrated delivery networks, community hospitals, large physician practices, accountable care organizations, health information exchanges, health insurers, life science organizations, healthcare technology vendors, and other risk-bearing entities. The company was formerly known as HQC Holdings, Inc. and changed its name to Health Catalyst, Inc. in March 2017. Health Catalyst, Inc. was founded in 2008 and is headquartered in South Jordan, Utah. |
| Long Name | Health Catalyst, Inc. |
| Market | us_market |
| Market Cap | 135,461,488 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_118171469 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -264,816,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 130,268,795 |
| Number Of Analyst Opinions | 3 |
| Open | 1.74 |
| Operating Cashflow | 28,234,000 |
| Operating Margins | -0.05347 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 801 708 6800 |
| Previous Close | 1.74 |
| Price Eps Current Year | -51.42857 |
| Price Hint | 4 |
| Price To Book | 1.3313609 |
| Price To Sales Trailing12 Months | 0.46352032 |
| Profit Margins | -0.90615 |
| Quick Ratio | 1.583 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0599999 |
| Regular Market Change Percent | 3.44827 |
| Regular Market Day High | 1.81 |
| Regular Market Day Low | 1.74 |
| Regular Market Day Range | 1.74 - 1.81 |
| Regular Market Open | 1.74 |
| Regular Market Previous Close | 1.74 |
| Regular Market Price | 1.8 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 306,816 |
| Return On Assets | -0.03016 |
| Return On Equity | -1.1812301 |
| Revenue Growth | -0.127 |
| Revenue Per Share | 4.06 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 75,256,381 |
| Shares Percent Shares Out | 0.0294 |
| Shares Short | 2,212,809 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,951,385 |
| Short Name | Health Catalyst, Inc |
| Short Percent Of Float | 0.0361 |
| Short Ratio | 4.75 |
| Source Interval | 15 |
| State | UT |
| Symbol | HCAT |
| Target High Price | 2.0 |
| Target Low Price | 1.5 |
| Target Mean Price | 1.76667 |
| Target Median Price | 1.8 |
| Total Cash | 103,439,000 |
| Total Cash Per Share | 1.374 |
| Total Debt | 169,976,992 |
| Total Revenue | 292,244,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -3.69 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.752405 |
| Two Hundred Day Average Change | 0.047594905 |
| Two Hundred Day Average Change Percent | 0.027159762 |
| Type Disp | Equity |
| Volume | 306,816 |
| Website | https://www.healthcatalyst.com |
| Zip | 84,095 |